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Mubadala in talks to refinance $2bn loan

20 February 2010

Abu Dhabi government investment fund Mubadala is in talks with banks to refinance a $2bn loan due in April, Reuters has reported. "The overall terms on structure and pricing have not been reached yet," Matthew Hurn, head of group treasury said. "We're in the discussion stage with banks, updating them on our business model and what the opportunities to work with banks are."

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